FPXE vs. BIS ETF Comparison
Comparison of First Trust IPOX Europe Equity Opportunities ETF (FPXE) to ProShares UltraShort Nasdaq Biotechnology (BIS)
FPXE
First Trust IPOX Europe Equity Opportunities ETF
FPXE Description
The First Trust IPOX® Europe Equity Opportunities ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the IPOX® 100 Europe Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned, developed, maintained and sponsored by IPOX® Schuster LLC (the "Index Provider").
Grade (RS Rating)
Last Trade
$25.70
Average Daily Volume
1,219
18
BIS
ProShares UltraShort Nasdaq Biotechnology
BIS Description
The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the Nasdaq Biotechnology Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark ("ICB") which also meet other eligibility criteria determined by NASDAQ. It is non-diversified.Grade (RS Rating)
Last Trade
$17.27
Average Daily Volume
5,046
75
Performance
| Period | FPXE | BIS |
|---|---|---|
| 30 Days | 0.01% | 0.65% |
| 60 Days | 5.91% | -3.04% |
| 90 Days | 4.26% | -8.43% |
| 12 Months | 22.39% | -15.25% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FPXE | Weight in BIS | Overlap |
|---|
FPXE Underweight 75 Positions Relative to BIS
| Symbol | Grade | Weight | |
|---|---|---|---|
| AMGN | B | -8.14% | |
| GILD | C | -7.41% | |
| VRTX | B | -7.21% | |
| BIIB | C | -6.12% | |
| ILMN | F | -5.67% | |
| REGN | B | -4.13% | |
| INCY | C | -2.09% | |
| BMRN | D | -1.91% | |
| ALNY | A | -1.6% | |
| VTRS | F | -1.35% | |
| SNY | B | -1.29% | |
| NBIX | C | -1.16% | |
| SRPT | C | -1.15% | |
| NVCR | D | -1.1% | |
| JAZZ | F | -1.03% | |
| TECH | D | -1.02% | |
| IONS | B | -1.02% | |
| GH | C | -0.96% | |
| AMRN | F | -0.85% | |
| MRNA | D | -0.83% | |
| BGNE | F | -0.83% | |
| ACAD | D | -0.81% | |
| ASND | C | -0.77% | |
| EXEL | C | -0.73% | |
| ARWR | C | -0.65% | |
| BLUE | F | -0.65% | |
| BBIO | D | -0.51% | |
| ALLK | F | -0.49% | |
| UTHR | B | -0.49% | |
| NKTR | D | -0.48% | |
| SAGE | F | -0.48% | |
| BPMC | B | -0.48% | |
| FGEN | F | -0.47% | |
| DCPH | A | -0.43% | |
| AGIO | C | -0.43% | |
| CRSP | F | -0.42% | |
| RARE | F | -0.42% | |
| ADPT | D | -0.42% | |
| MEDP | C | -0.4% | |
| PTCT | D | -0.4% | |
| ARGX | B | -0.4% | |
| AXSM | B | -0.38% | |
| ALLO | F | -0.37% | |
| GRFS | F | -0.36% | |
| IOVA | F | -0.36% | |
| ALKS | D | -0.36% | |
| KOD | F | -0.35% | |
| HALO | B | -0.35% | |
| QURE | F | -0.35% | |
| FOLD | F | -0.32% | |
| APLS | F | -0.31% | |
| XNCR | F | -0.26% | |
| MYGN | B | -0.26% | |
| DNLI | C | -0.26% | |
| ZLAB | F | -0.24% | |
| IRWD | F | -0.24% | |
| ARVN | F | -0.24% | |
| INSM | C | -0.23% | |
| FATE | F | -0.23% | |
| PCRX | F | -0.22% | |
| GLPG | F | -0.22% | |
| ITCI | C | -0.21% | |
| RGNX | F | -0.21% | |
| ESPR | C | -0.19% | |
| EDIT | F | -0.19% | |
| LGND | B | -0.19% | |
| INVA | B | -0.18% | |
| VCYT | C | -0.18% | |
| ALEC | F | -0.18% | |
| TBPH | F | -0.17% | |
| YMAB | D | -0.16% | |
| CHRS | F | -0.16% | |
| HCM | D | -0.15% | |
| NGM | D | -0.15% | |
| SUPN | F | -0.15% |
FPXE: Top Represented Industries & Keywords
BIS: Top Represented Industries & Keywords
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